United States: 2018 Limits For Benefit Plans

Click the image on the right to download a quick-reference card of these 2018 limits for benefit plans.

We can provide valuable, preventive advice that enhances your bottom line in a wide range of situations. Times you should contact benefits counsel include when the company:

• Receives notice of audit/investigation from IRS, DOL or PBGC
• Receives an plan audit report that recommends changes or corrections
• Desires to review internal controls
• Identifies a potential error in how a plan was operated
• Receives a complaint pertaining to a benefit plan
• Decides to offer severance to employees
• Is establishing a new plan or terminating an existing plan
• Changes any element of a plan's design or operation
• Desires to incentivize employees bonuses, stock, options, or other incentive plans
• Is evaluating its benefits governance process
• Has questions about proposed changes to applicable law
• Needs to provide participant notices (such as safe harbor notices, SPDs, or SMMs)
• Changes its use of independent contractors
• Changes vendors
• Anticipates buying a company or selling all or part of the business
• Reorganizes company structure
• Experiences downsizing or reductions in force
• Anticipates changes in the ownership of related businesses
• Receives notice of any union organizing activity or bargaining
• Is hiring an executive or offering any deferred compensation
• Is terminating an executive

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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